Business Responsibility and Sustainability Report for F.Y. 2025-26

Date: 17th August, 2026 To, To The National Stock Exchange of India Ltd. Department of Corporate Services, Exchange Plaza, BSE Limited, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalaal Street, Fort, Bandra (E), Mumbai - 400 051. Mumbai - 400 001. Scrip Code No. VADILALIND-EQ Scrip Code: 519156 Dear Sir, Subject: Business Responsibility and Sustainability Report for the Financial Year 2025-26. Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the and Sustainability Report for the Financial Year 2025-26, which forms an integral part of the Annual Report for the Financial Year 2025-26. The Integrated Annual Report along with the Business Responsibility and Sustainability Report is also available on the Company’s website at https://www.vadilalgroup.com/ . We request you to kindly take the above information on your record. Thanking you, Yours faithfully For VADILAL INDUSTRIES LIMITED Rashmi Bhatt Company Secretary & Compliance Officer Encl: As Above ANNEXURE – D TO THE DIRECTORS’ REPORT BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT SECTION A: GENERAL INFORMATION ABOUT THE COMPANY I Details of the listed entity Sr. No. Details of Listed Entity Particulars 1 Corporate Identity Number (CIN) of the Company L91110GJ1982PLC005169 2 Name of the Company Vadilal Industries Limited 3 Year of Incorporation 1982 4 Registered Address Vadilal House, 53, Shrimali Society, Nr. Navrangpura Railway Crossing, Navrangpura, Ahmedabad- 380009 5 Corporate office address 2nd Floor, South Block, Puniska House, next to One 42, opp. Jayantilal Park BRTS stop, Bopal Ambli Road Ahmedabad-380058. 6 E-mail id shareslogs@vadilalgroup.com 7 Telephone 079-48081200 8 Website www.vadilalgroup.com 9 Financial Year reported Financial year 2025-26 (April 1, 2025 to March 31, 2026) 10 Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Limited and BSE Limited 11 Paid up Capital 7.19 Crore 12 Name and contact details (telephone, email address) Rashmi Bhatt -Company Secretary & Compliance Officer of the person who may be contacted in case of any Telephone : 079-48081200 queries on the BRSR report Email : shareslogs@vadilalgroup.com 13 Reporting boundary–Are the disclosures under this Standalone basis report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14 Name of assurance provider Not Applicable as the Company does not fall under the purview of external assurance as per requirements of securities 15 Type of assurance obtained and Exchange of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. II Products/services 16. Details of business activities (accounting for 90% of the turnover): Description of Main S. No. Description of Business Activity % of Turnover of the Company Activity 1 Manufacturing Ice-cream, Dairy Products and Processed Food 100.00% manufacturing 17. Products/Services sold by the Company:(accounting for 90% of the turnover): S. No. Product/Service NIC Code % of Total Turnover 1 Ice-cream, Dairy Products and Frozen Desserts products 1050 90% 2 Processed Foods etc 1030 10% III Operations 18. Number of locations where plants and/or operations/offices of the Company are situated: Location Number of Plants Number of Offices Total National 3 Registered office and corporate office 5 19. Markets served by the entity: a. Number of locations Location Number National (No of States) 24 and 2 Union Territories International (No. of Countries) Export to 24 Countries 42ND ANNUAL REPORT 2025-26 49 b. What is the contribution of exports as a percentage of the total turnover of the Company? Exports sales are 20% of total turnover of the entity c. A brief on types of customers: C ompany is Selling its goods to various customers situated in different states within India for domestic business and Company is selling to its subsidiary as well as customer across the globe for export business IV. Employees 20. Details as at the end of Financial Year: FY 2025-26 a. Employees and workers (including differently abled): Male Female S. No. Particulars Total (A) No. (B) %(B/A) No. (C) %(C/A) EMPLOYEES 1. Permanent (D) 587 558 95.06% 29 4.94% 2. Other than Permanent (E) 46 41 89.13% 5 10.87% 3. Total employees (D + E) 633 599 94.63% 34 5.37% WORKERS 4. Permanent (F) 117 58 49.57% 59 50.43% 5. Other than Permanent (G) 3699 3111 84.10% 588 15.90% 6. Total workers (F + G) 3816 3169 83.05% 647 16.95% b. Differently abled employees and workers: Male Female S. No. Particulars Total (A) No. (B) %(B/A) No. (C) %(C/A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 0 0 0% 0 0 2. Other than Permanent (E) 0 0 0% 0 0 3. Total differently abled employees (D + E) 0 0 0% 0 0 DIFFERENTLY ABLED WORKERS 4. Permanent (F) 0 0 0% 0 0 5. Other than Permanent (G) 0 0 0% 0 0 6. Total differently abled workers (F + G) 0 0 0% 0 0 21. Participation/Inclusion/Representation of women: Total (A) No. and percentage of Females No. (B) %(B/A) Board of Directors 6 1 16.66% Key Managerial Personnel (KMP)* 3 1 33.33% 22. Turnover rate for permanent employees and workers: FY 2025-26 FY 2024-25 FY 2023-24 Male Female Total Male Female Total Male Female Total Permanent Employees 8.57% 1.2% 9.77% 5.42% 0.62% 6.04% 10.46% 0.64% 11.11% Permanent Workers 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding/subsidiary/associate companies/joint ventures: Refer to Form AOC-1 provided at Page No. 29 of this Annual Report for information and holding / Subsidiary/ associate Companies / joint ventures VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of the Companies Act, 2013: Yes • Turnover (` in Crore): 1109.54 • Net worth (` in Crore): 503.65 50 | VADILAL INDUSTRIES LIMITED VII Transparency and Disclosures Compliances 25. Complaints/grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct (NGRBC): Grievance Stakeholder group from Redressal whom complaint is FY 2026 FY 2025 Mechanism in received Place (If Yes, then Number of Number of Remarks Number of Number of Remarks provide complaints complaints complaints complaints web-link for filed pending filed pending grievance during the resolution at during the resolution at redress policy) year close of the year close of the year year Communities No 0 0 - 0 0 - Investors N.A 0 0 - 0 0 - (other than shareholders) Shareholders Yes , through 9 0 - 1 0 - share Transfer Agent or Stock Exchanges Employees and workers Yes. Weblinks* 0 0 - 0 0 - Customers Yes 0 0 - 0 - Value Chain Partners Yes 0 0 - 0 - Others (please specify) No- 0 0 - 0 0 - *Weblinks: Policy: https://vadilalgroup.com/?page_id=904 Vigil mechanism: https://vadilalgroup.com/wp-content/uploads/2018/08/Vigil-Mechanism-VIL.pdf 26. Overview of the Company’s material responsible business conduct issues. Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications: Indicate Rationale for Financial implications of S. Material issue whether risk identifying In case of risk, approach to the risk or opportunity No. identified or opportunity the risk / adapt or mitigate (Indicate positive or (R/O) opportunity negative implications) 1 Plastic (laminate Risk and Limited recycling NA NA used for Opportunity infrastructure. packaging) Reduced plastic consumption, use of recycled content and pack- size optimization. 2 Responsible Risk Risk of increased We ensure the diversification NA Supply C [Showing first 8,000 characters — download PDF for full document]